It is more difficult to sustain a career in Czechia, because of a less concert opportunities, less royalties, and less grants are available.
Decision Tree: What is Needed in Czechia and Austria to Sustain a Full-Time Music Career
Musicians have more financial risk and uncertainty than the typical person in almost all countries.
Digital sales, labels and publisher revenues are particularly week in Czechia. This is a sign of an underdeveloped market with little value added services.
The recreational and cultural budget of Czech households, and their spending on event tickets is somewhere below the medium level of the EU.
This year Czech producers had a strong summer season on Spotify. This strength is critical to build larger audiences.
Currently, Czechia has only one strong export market: Slovakia. Beyond the former Czechoslovakia there are no real success stories this year. Country of origin in squares, export market on colored dots and lines.
One significant cause of the low royalty levels is the lack of adequate compensation for home copying and the value transfer to media platforms such as YouTube.
Example of Unlicensed Music Market Share (randomized based on real CEE results)
CEEMID has been doing what Eurostat is doing, often years earlier: revisiting newly available open data sources, and creating new regional and national data products.
⎘ Zoom into the presentation online ⎘ read more: Creating better national cultural statistics with Eurobarometer datasets and ESSNet-Culture technical recommendations
Consolidated Independent supported the making of this report. CI is the market leader in managed services for the digital music industry, connecting the best independent music with the opportunities of the global market.
Special thanks to the data science team: Theo Gardner, Andy McFarland & Jerome Wynne for data preparation and advice.
Contact: danielantal.eu - linkedin - github - dataverse
Topics: royalty valuation - private copying - grant design - policy advocacy - ceemid observatory